Splash plc: Cash Flow Statement for the year ending 31 December 2013 Cash flows from operating activities Operating loss(3078)RODepreciation1334 ROWorking capital changes (net)838 ROCash outflow from operations(906) ROCash flows from investing activitiesPurchase of non-current assets(1202) RONet cash outflow from investingactivities(1202) ROCash flows from financing activitiesIssue of ordinary shares6042 ROLoan repayment(1216) RONet cash inflow from financingactivities4826 RONet increase in cash2718 ROCash at beginning of period974 ROCash at end of period3692 RO 1. What is bank overdraft? How to deal with overdrafts in the Bank Reconciliation Statement?

Company needs liquidity and they have to maintain proper liquidity in the system so that there is…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Splash plc: Cash Flow Statement for the year ending 31 December 2013

Cash flows from operating activities
Operating loss	(3078) RO
Depreciation	1334 RO
Working capital changes (net)	838 RO
*Cash outflow from operations*	*(906) RO*
Cash flows from investing activities
Purchase of non-current assets	(1202) RO
*Net cash outflow from investing* *activities*	*(1202) RO*
Cash flows from financing activities
Issue of ordinary shares	6042 RO
Loan repayment	(1216) RO
*Net cash inflow from financing* *activities*	*4826 RO*
Net increase in cash	2718 RO
Cash at beginning of period	974 RO
Cash at end of period	3692 RO

1. What is bank overdraft? How to deal with overdrafts in the Bank Reconciliation Statement?

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